Appointment of key managerial personnel.

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..... , or Chief Executive Officer or manager and in their absence, a whole-time director; and (ii) company secretary: Provided that unless the articles of such a company provide otherwise, an individual shall not be the chairperson of the company as well as the managing director or Chief Executive Officer of the company at the same time. (2) Every whole .....

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..... to continue to hold the office of key managerial personnel: Provided also that a company may appoint or employ a person as its managing director, if he is the managing director or manager of one, and of not more than one, other company and such appointment or employment is made or approved by a resolution passed at a meeting of the Board with the consent of all the directo .....

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